News Briefs – Page 32
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News briefs
R.G. Barry Corporation reports a 12.0 percent increase in sales...
R.G. Barry Corporation reports a 12.0 percent increase in sales to $55.6 million in its second quarter, ended Dec. 31, compared with one year ago. Net earnings jumped by 47.3 percent to $6.4 million. The gross margin improved to 41.4 percent of sales from 34.7 percent. For the full first ...
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News briefs
In a preliminary report, the China Leather Industry Association indicates...
In a preliminary report, the China Leather Industry Association indicates that China's total exports of leather and leather products grew by 22 percent to the equivalent of US$65.7 billion in 2011, or 11.2 percentage points less than in 2010. Imports of these products rose by 20.4 percent to $7.4 billion, ...
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News briefs
The Brazilian Tanners' Association, CICB, has announced that, in 2011,...
The Brazilian Tanners' Association, CICB, has announced that, in 2011, the country exported 17 percent more leather than in 2010, up to $2.05 billion in value. By volume, however, exports were down by 2 percent to 26.7 million. The CICB expects 2012 to be a difficult year thanks to a ...
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Sabu, the German buying group, reports a 16.1 percent increase...
Sabu, the German buying group, reports a 16.1 percent increase in its central settlements last year to €352 million. The retail turnover of the affiliated members grew to almost €1 billion from €850 million. The total number of retailers belonging to Sabu remained almost constant at 850 companies with 1,250 ...
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News briefs
Crocs indicates that its sales exceeded $1 billion in 2011...
Crocs indicates that its sales exceeded $1 billion in 2011 for the first time in its history, as it revenues ended up at the high end of its expectations in the fourth quarter of the financial year. Investors responded positively, boosting the company's value on the stock exchange by 4.6 ...
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News briefs
The Walking Company, which operates 209 shoe stores concentrating on...
The Walking Company, which operates 209 shoe stores concentrating on comfort shoes in premium malls across the U.S., says that its sales rose by an estimated 7 percent last year to $201.5 million, delivering a net profit. The company emerged from bankruptcy proceedings in May 2010, apparently with the aim ...
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News briefs
Footwear exports from Vietnam hit $5.7 billion in from January...
Footwear exports from Vietnam hit $5.7 billion in from January through November last year, and the country's Leather and Footwear Association thinks that the final tally for 2011 will hit $6.2 billion. From January through October, footwear exports jumped by 25.8 percent compared with the same period in 2010 to ...
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News briefs
India's exports of leather shoes went up by 4.11 percent...
India's exports of leather shoes went up by 4.11 percent in rupees and by 3.48 percent in U.S. dollars in the eight-month period through last November, reaching a value of $919.9 million. These and other figures were released by the Council of Leather Exports in its latest monthly report. ...
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News briefs
The National Leather and Footwear Center of Tunisia reports that...
The National Leather and Footwear Center of Tunisia reports that its exports of leather and footwear grew by 8 percent in the first 11 months of 2011 to $637.1 million. Several sectors saw double-digit growth, with exports of lethergoods up by 45 percent, leather garments up by 77 percent, ...
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News briefs
Argentina's import control measures are stifling its imports from Brazil...
Argentina's import control measures are stifling its imports from Brazil far more than they are those from Asian countries. A report by the consultancy IES found that from the first 11 months of 2010 to the same period in 2011, footwear imports from Brazil dropped by 2.3 million pairs, while ...
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News briefs
Kurt Geiger reportedly booked a 38.7 percent increase in operating...
Kurt Geiger reportedly booked a 38.7 percent increase in operating profit before amortization (Ebitda) to £18.8 million (€22.5m-$29.4m) for the financial year ended on Jan. 29, 2011. Sales grew by 22.4 percent to £185 million (€221.2m-$288.9m) at the British company, which recently became a property of the Jones Group. They ...
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News briefs
The German buying cooperative GMS expects to have booked centralized...
The German buying cooperative GMS expects to have booked centralized settlements in the amount of €125 million for its 850 affiliated specialty shoe retailers in 2011. In the previous business year, they had reached the total amount of €95 million. With more than 300 stores, fashion-oriented retailers represent the biggest ...
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News briefs
Bakers Footwear has launched a $10 million cost reduction and...
Bakers Footwear has launched a $10 million cost reduction and margin improvement program, intended mainly to improve its cash flow and liquidity. As part of this program, the American chain of 233 stores is attracting new customers through its own private labels. Bakers has reported a net loss of $10.2 ...
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News briefs
As many as 87 percent of the Spanish shoe companies...
As many as 87 percent of the Spanish shoe companies were anticipating an increase in their sales in 2011, according to a survey conducted by Inescop. Their optimism was particularly high with regard to their export sales, with 92.4 percent predicting an increase in European markets and 95.9 percent anticipating ...
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News briefs
The Spanish luxury goods market was expected to rise by...
The Spanish luxury goods market was expected to rise by 25 percent this year to a total retail turnover of €4.5 billion, according to a national trade association, Luxury Spain, in contrast with the overall declining consumption trends. The growth of the sector has been attributed to an increase in ...
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News briefs
Danish shoe retailers are moving cautiously into the new year,...
Danish shoe retailers are moving cautiously into the new year, judging from a survey made by the industry association, Skohandlerforening. A decline in pre-orders due to be booked by next February for the fall/winter 2012-13 season was predicted by 69.2 percent of the respondents, as compared to the same period ...
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News briefs
Swedish shoe retailers' sales dropped by 3 percent in September...
Swedish shoe retailers' sales dropped by 3 percent in September and by 3.5 percent in October, according to the retail index calculated by HUI Research. So far this year, shoe retail sales have dropped by a total of 1.4 percent in the country. In the first 10 months of 2010, ...
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News briefs
German shoe retailers raised their sales by 2 percent in...
German shoe retailers raised their sales by 2 percent in October, compared with the same month one year ago, but this was largely due to an estimated 2.5 percent increase in average selling prices. Since the beginning of the year, the German retail market has fallen by 3 percent in ...
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News briefs
Argentinian footwear manufacturers are reporting an 8.5 percent increase in...
Argentinian footwear manufacturers are reporting an 8.5 percent increase in production to 115 million pairs for 2011, according to CIC, the country's footwear industry association. More than 60 percent of these are leather shoes. Women's shoes made up more than 50 percent of the total, with children's shoes accounting for ...
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News briefs
Yoox increased nine-month sales by 35.6 percent to €204.4 million...
Yoox increased nine-month sales by 35.6 percent to €204.4 million but net profits slipped by 10.0 percent to €3.6 million. Earnings were affected by depreciation and amortization connected to investments in an automated distribution platform, the opening of a new office in Milan, the expansion of premises in Bologna and ...
